Categories AlphaGraphs, Earnings, Technology
Earnings Infographic: Intel (INTC) Q1 2021 profit, revenue beat estimates
Intel Corporation (NASDAQ: INTC) Thursday reported lower revenues and earnings for the first quarter of 2021. However, the numbers came in above estimates.
Revenues dropped 1% annually to $19.7 billion in the March quarter as COVID-related uncertainties continued to weigh on demand. However, the number exceeded the consensus forecast.
Adjusted earnings decreased to $1.39 per share from $1.41 per share in the first quarter of 2020, but beat the forecast. Net income was $3.4 billion or $0.82 per share, compared to $5.7 billion or $1.31 per share last year.
Read management/analysts’ comments on Intel’s Q1 results
Intel’s stock dropped Thursday evening following the earnings release, after closing the regular session lower. The stock has gained 26% so far this year.
_________________________________________________________________________________________________________________
Stocks you may like:
International Business Machines Corp. (IBM) Stock
_________________________________________________________________________________________________________________
Most Popular
Key metrics from Kroger’s (KR) Q3 2025 earnings results
The Kroger Co. (NYSE: KR) reported its third quarter 2025 earnings results today. Total company sales rose to $33.9 billion from $33.6 billion in the same period last year. Identical
Dollar General (DG) Q3 2025 Earnings: Key financials and quarterly highlights
Dollar General Corporation (NYSE: DG) reported its third quarter 2025 earnings results today. Net sales increased 4.6% year-over-year to $10.65 billion. Same-store sales increased 2.5%. Net income was $282.7 million, or
HRL Earnings: All you need to know about Hormel Foods’ Q4 2025 earnings results
Hormel Foods Corporation (NYSE: HRL) reported its fourth quarter 2025 earnings results today. Net sales increased 1.5% year-over-year to $3.18 billion. Organic sales were up 2%. Net loss attributable to Hormel
